58
58
Nov 14, 2012
11/12
by
CNBC
tv
eye 58
favorite 0
quote 0
bank america, capital one, jpmorgan. bank america has a book value that's a little over $20 a share. we think they can earn 10% on that book within a couple of years. and without great growth opportunities in the economy, we think most of that $2 a share will be coming back to shareholders, both as dividends and share repurchase. >> you have a good amount of money under management, $11 billion. how worried are you about the fiscal cliff? do you watch what happened in the market last week and we're down yet again today and almost at the lows of the day? >> to us we think about a much longer time horizon than that. it's a good year for the market. mid-teens, rates of returns. i think five years from now it will be unlikely we'll be talking about what happened in the fiscal cliff in 2013. i think there's plenty of room for compromise. have you one side saying they want higher taxes and one side saying they don't want higher rates. to me, that sounds like a bowles/simpson kind of compromise. >> you have a great track record
bank america, capital one, jpmorgan. bank america has a book value that's a little over $20 a share. we think they can earn 10% on that book within a couple of years. and without great growth opportunities in the economy, we think most of that $2 a share will be coming back to shareholders, both as dividends and share repurchase. >> you have a good amount of money under management, $11 billion. how worried are you about the fiscal cliff? do you watch what happened in the market last week...
67
67
Nov 7, 2012
11/12
by
CNBC
tv
eye 67
favorite 0
quote 0
america's natural gas... putting us in control of our energy future, now. is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the all-new 2013 chevrolet malibu eco. ♪ it has everything to put you in the malibu state of mind no matter what state you live in. ♪ >>> welcome back to "fast money halftime report." we have hmos that have returned to facing more regulation even in the medicaid space they are likely to take up a lot more business if obama care does move forward. take a look at hospitals. hospitals were under pressure. today they are rallying because they do face better reimbursement but the interesting thing is, they do face a big problem if we do end up having to have those cuts because of the fiscal cliff. >> yeah. but good point, bertha. thanks so much. let's see what you think about hmos and hospitals. >> i like the hospitals. and i'll tell you why. my brother is a doctor a
america's natural gas... putting us in control of our energy future, now. is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the all-new 2013 chevrolet malibu eco. ♪ it has everything to put you in the malibu state of mind no matter what state you live in. ♪ >>> welcome back to "fast money halftime...
73
73
Nov 19, 2012
11/12
by
CNBC
tv
eye 73
favorite 0
quote 0
bank of america biggest percentage gain other the dow. leading financials higher. >> josh brown, buyer here? >> no. i actually on a technicality base list tell you that $10, can clear there with conviction, meaning high volume, and then retest and stay above. that's a really -- safe entry point to buy for a short term trade. under ten, i still there are there are too many sellers and your way. i would wait for that confirmation and think it is worth it. >> are you positive on any of the banks? you are negative on the overall market a little bit. >> we like -- we like and we are long. berkshire hathaway which is the largest holdser of wells fargo and very heavily leveraged to the at the same time thing most of the banks are. home building and mortgages. we would prefer to play through the b shares of berkshire than owning any of these banks outright. especially something toxic like a bac that we just, franklying don't know what's there. >> housing recovery that we got more evidence of today? >> yes. i can get the same exposure through buff
bank of america biggest percentage gain other the dow. leading financials higher. >> josh brown, buyer here? >> no. i actually on a technicality base list tell you that $10, can clear there with conviction, meaning high volume, and then retest and stay above. that's a really -- safe entry point to buy for a short term trade. under ten, i still there are there are too many sellers and your way. i would wait for that confirmation and think it is worth it. >> are you positive on...
62
62
Nov 12, 2012
11/12
by
CNBC
tv
eye 62
favorite 0
quote 0
to corporate america. and if you think about it, what they do really fits in well with what we do in competitive environments. financial services, construction services, financial news. we're all in highly competitive environments. to bring in a military veteran who has the structure, the discipline, the team work, the leadership skills that they learned in the military, bring them over to the corporate side, the private sector side, getting them to understand how well they could fit in and getting corporations to understand how to utilize best those skills to enhance their own company, i think we all win under that scenario. >> phil, give us your view on the markets. all right? it's something we obviously here talk about every day. we're watching the fiscal cliff looming out there. how do you feel? >> well, i think -- we talk about veterans. we're that close to veterans day. we talk about the market. the academy looks at what these returning veterans have done for us in our history. look at the world war
to corporate america. and if you think about it, what they do really fits in well with what we do in competitive environments. financial services, construction services, financial news. we're all in highly competitive environments. to bring in a military veteran who has the structure, the discipline, the team work, the leadership skills that they learned in the military, bring them over to the corporate side, the private sector side, getting them to understand how well they could fit in and...
36
36
Nov 29, 2012
11/12
by
CNBC
tv
eye 36
favorite 0
quote 0
>> this is what i like to call corporate america's dirty little secret. "the wall street journal" got the buzz going with a great series start. it started yesterday, following through today, pointing out the so-called 10351 plans. these are plans you put in place if you're going to sell shares over a specific period of time. >> we always talk about these. we have an executive on. why did you sell stock last week in this company? he'll say it was because we had a set plan in place. >> i do a story. i'd be working on some project. somebody would say see the selling by this ceo? i'd go back and look and see there was regular selling. i would just sit back. but then i would talk to the guys who are really in the insider selling business. they'd always say, no, no, no, no, no. you got to look at these 10b-5 plans because they can be put in and pulled out at the whim of the executive. >> they can be manipulated. >> or what appears to be manipulated. that's what's wonderful ability this journal piece. two things it says i think we have to focus on. one you can s
>> this is what i like to call corporate america's dirty little secret. "the wall street journal" got the buzz going with a great series start. it started yesterday, following through today, pointing out the so-called 10351 plans. these are plans you put in place if you're going to sell shares over a specific period of time. >> we always talk about these. we have an executive on. why did you sell stock last week in this company? he'll say it was because we had a set plan...
72
72
Nov 5, 2012
11/12
by
CNBC
tv
eye 72
favorite 0
quote 0
america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> big week ahead in the currency markets as traders eye the u.s. elections. chinese leadership change, an important budget vote in greece. joining us to break it down, andy bush. the euro levels we haven't seen in two months. getting hit pretty hard. this has do with greece and the big austerity vote? >> yeah. you can start with there's about four, five things they are creating uncertainty in the security markets. merkel's comments saying the crisis is a five-year adventure basically startled everybody. then we've got these greek votes that are coming up. >> i thought merkel sound optimistic. >> she may have been. who knows? five years. who knows? but the last thing i'd throw out there is the presidential elections get about five or six negative scenarios that you could easily imagine, none of which are good and aren't helping either the euro or risk-on trading. >> what are your levels at this point? whatry tradeing? >> i've been coming on your show for a
america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> big week ahead in the currency markets as traders eye the u.s. elections. chinese leadership change, an important budget vote in greece. joining us to break it down, andy bush. the euro levels we haven't seen in two months. getting hit pretty hard. this has do with greece and the big austerity vote? >> yeah. you can start with there's about four, five things they are...
49
49
Nov 2, 2012
11/12
by
CNBC
tv
eye 49
favorite 0
quote 0
you look at the xlf, bank of america stuck out. they were buying options that expire today at 4:00 eastern time, they expire today. they were buying those options just yesterday in front of the number. they got their move. they were trading for a nickel today. they traded over 40 cents. we know there's a lot of luck enough. if you were lucky enough to catch some of that move, you wanted to take some of that off. there are enough uncertainties out there when you look to next week that i think certainly a lot people want to at least take off some of their risk right now. the volatility is back down to the lower end. we were just up above 18. here we are back below 17 and just hovering in that area. >> guys, steve, thanks so much. >> i just don't think the growth is strong enough to be able to get these guys to say i'm going to trade upside on the economy before i know the impact of sandy. we've had somewhat stronger growth, not enough to make you feel good about a position. >> thanks so much. coming up, our top three trades including
you look at the xlf, bank of america stuck out. they were buying options that expire today at 4:00 eastern time, they expire today. they were buying those options just yesterday in front of the number. they got their move. they were trading for a nickel today. they traded over 40 cents. we know there's a lot of luck enough. if you were lucky enough to catch some of that move, you wanted to take some of that off. there are enough uncertainties out there when you look to next week that i think...
51
51
Nov 8, 2012
11/12
by
CNBC
tv
eye 51
favorite 0
quote 0
america's natural gas... putting us in control of our energy future, now. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd
america's natural gas... putting us in control of our energy future, now. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their...
66
66
Nov 30, 2012
11/12
by
CNBC
tv
eye 66
favorite 0
quote 0
also mentioned china and latin america as areas where he thinks there is tremendous growth. talked about some bottoming in china perhaps. that is why i look at some of the coal names today. they started off strong even when the market was weaker. they were in front of the market and have continued. walter energy is one of them. december 32 1/2 calls extremely active. there is always chatter around this name. i just say at least keep an eye on it. the name has been beaten down and now here it is up back up above 30 bucks a share. >> let's keep the names rolling in midday trading now. we'll start with you pete again with fif any. >> there are a lot of different factors with tiffany. this is day two of tiffany pulling back. absolutely got slaughtered yesterday. you look at tiffany and you still have a lot of hurdles in front of them. their cost of gold, the metals and the diamonds all a factor. i don't think it's time yet. i think at some point a feuds lower. >> big dropper. >> big dropper. typically they've got it from the government. they are the ones who give you the interne
also mentioned china and latin america as areas where he thinks there is tremendous growth. talked about some bottoming in china perhaps. that is why i look at some of the coal names today. they started off strong even when the market was weaker. they were in front of the market and have continued. walter energy is one of them. december 32 1/2 calls extremely active. there is always chatter around this name. i just say at least keep an eye on it. the name has been beaten down and now here it is...
76
76
Nov 28, 2012
11/12
by
CNBC
tv
eye 76
favorite 0
quote 0
of next year, starting january 1st, every family in america will see their taxes go up. are a typical middle-class family of four would so its income taxes go up by $2200. $2200 out of people's pockets. that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. it means a tougher choice between paying the rent and paying tuition and middle-class families can't afford that. by the way, businesses can't afford it, either. yesterday i sat down with small business owners who stressed this point, that economists predict if taxes go up on the middle class next week consumers will spend nearly $200 billion less on things like cars, clothes and furniture. that obviously means fewer customers. that cuts into business profits. that makes businesses less likely to invest and hire, which means fewer jobs, and that can drab our entire economy down. the good news is there's a better option. right now, as we speak, congress can pass a law that would prevent a tax high on the first $250,000 of everybody's income. everybody's. that me
of next year, starting january 1st, every family in america will see their taxes go up. are a typical middle-class family of four would so its income taxes go up by $2200. $2200 out of people's pockets. that means less money for buying groceries, less money for filling prescriptions, less money for buying diapers. it means a tougher choice between paying the rent and paying tuition and middle-class families can't afford that. by the way, businesses can't afford it, either. yesterday i sat down...
52
52
Nov 6, 2012
11/12
by
CNBC
tv
eye 52
favorite 0
quote 0
bank of america saying today that it trades at a 30% dis count to the five-year average. a pop out of the stock today. >> i'm looking at letter x as well. that's u.s. steel. up five and a third percent. ubs adding to the alpha most preferred list. time to get in there. >> this is a high quality company in a tough industry. a lot of news that impacts this thing comes from oversaes. this is the thing where you want to look at technicals more than anything else. we know the fundamentals aren't great. 23 and change. 23 and a quarter. that's a really important level. i would not be a buyer until it can break above that and hold. if it retests that level after busting through this is good for a five or six-point breakout but not until. >> big moves on wall street today as americans go to the polls. which candidate will be better for wall street and your money is this harold ford was a five-term democratic congressman and now a managing director at morgan stanley. anthony scaramucci is one of mitt romney's national finance chairs. good to have you with us. how do we counter clai
bank of america saying today that it trades at a 30% dis count to the five-year average. a pop out of the stock today. >> i'm looking at letter x as well. that's u.s. steel. up five and a third percent. ubs adding to the alpha most preferred list. time to get in there. >> this is a high quality company in a tough industry. a lot of news that impacts this thing comes from oversaes. this is the thing where you want to look at technicals more than anything else. we know the...
125
125
Nov 21, 2012
11/12
by
CNBC
tv
eye 125
favorite 0
quote 0
country relative to the demographic, it's as if we're building homes for a 19th century population of america. i don't know where kids are living these days. i think if you guys haven't already, the best trade of all has been the fu ton couch trade because that's where people have to be living these days. the other thing that's interesting to me is when, if anything was sort of new yesterday with bernanke saying that you know what? no matter what happens, even with a fiscal cliff deal, the government is going to be a drag on growth next year and i think it's a housing federal government balancing act where you may get a percentage point from the housing, but you may get a percentage point off from the federal side even if you get a fiscal cliff deal. >> where would you be then investing next year? where would you urge people to invest based on your outlook and the comments you just made on housing? >> well, i would continue to focus on the growth areas. foorm suit cals and text message. you've had a hit here in the correction after the election. and you've got some of these things, they were
country relative to the demographic, it's as if we're building homes for a 19th century population of america. i don't know where kids are living these days. i think if you guys haven't already, the best trade of all has been the fu ton couch trade because that's where people have to be living these days. the other thing that's interesting to me is when, if anything was sort of new yesterday with bernanke saying that you know what? no matter what happens, even with a fiscal cliff deal, the...
70
70
Nov 26, 2012
11/12
by
CNBC
tv
eye 70
favorite 0
quote 0
. >>> and later, citi initiates coverage on america's favorite stock, apple with three separate analysts. they'll all join us exclusively to dissect the tech giant. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> after hitting the malls to kick off the holiday shopping season on black friday, millions more are buying from their computer screens today. our courtney reagan has an update on how cyber monday looks thus far. and it's not like they weren't spending a lot on black friday online either. >> i know, isn't that the truth? the black friday weekend was a success. like you mentioned, had nearly half of all shoppers at least scoured the web on friday. more than $1 billion was spent online
. >>> and later, citi initiates coverage on america's favorite stock, apple with three separate analysts. they'll all join us exclusively to dissect the tech giant. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies...
44
44
Nov 1, 2012
11/12
by
CNBC
tv
eye 44
favorite 0
quote 0
we're going hear from the ceo of ing of the americas. he's going to talk among other things about the wisdom of going ahead with the new york city marathon this weekend. pain at the pump. we will track the path of gasoline from the refineries through the terminals to the stations and show you where the real problems are. and what the port of new orleans would tell the port of new york and new jersey about getting back into business after a major storm. scott, back to you. >> thanks so much. we'll see you at the top of the hour. in about 12 minutes time or so. we have been watching the markets today rally quite substantially. the dow's up more than 1%, having its best gain in seven weeks and industrials, one of those groups leading things higher today largely on the back of better economic data out of china, giving a nice lift to caterpillar today, up 2.5%. you can see some other names on the board today having a good session. ibm, chevron and 3m. we continue to follow the story of pain at the pump in this gas crisis we're seeing in the n
we're going hear from the ceo of ing of the americas. he's going to talk among other things about the wisdom of going ahead with the new york city marathon this weekend. pain at the pump. we will track the path of gasoline from the refineries through the terminals to the stations and show you where the real problems are. and what the port of new orleans would tell the port of new york and new jersey about getting back into business after a major storm. scott, back to you. >> thanks so...
44
44
Nov 20, 2012
11/12
by
CNBC
tv
eye 44
favorite 0
quote 0
are you saying you're suddenly negative on america's most valuable company, loved by everybody and owned by many of the people you speak to on a regular basis who run some of the biggest money on the street? >> not at ul. i like the stock. i don't own it. i think it is a very, very cheap stock. i agree with joe. >> the fed chairman is speaking now in new york. let's go to steve liesman. >> scott, thanks so much. ben bernanke speaking to the economic club of new york made some strong comments on the fiscal cliff and some interesting comments on the economy. let's talk about the fiscal cliff first, he's saying the congress and administration need to quote protect the economy from the full effects of the fiscal cliff. he's saying it poses a substantial threat to the recovery. quote saying it will likely cause a recession if it hits in full force. the budget situation by affecting private sending the already hurting the economy according to the fed chairman. he's urging also, not just solving the fiscal cliff problem, but raising the debt ceiling, saying a catastrophic default of the nation'
are you saying you're suddenly negative on america's most valuable company, loved by everybody and owned by many of the people you speak to on a regular basis who run some of the biggest money on the street? >> not at ul. i like the stock. i don't own it. i think it is a very, very cheap stock. i agree with joe. >> the fed chairman is speaking now in new york. let's go to steve liesman. >> scott, thanks so much. ben bernanke speaking to the economic club of new york made some...
62
62
Nov 16, 2012
11/12
by
CNBC
tv
eye 62
favorite 0
quote 0
is there be the tom in sight for america's most valuable company and amazon's valuation is steep and a key business doesn't make money but is there reasons to be bullish on that guy? we're watching the price of oil as tensions rise in the middle east and the fire engulfs a rig off the l la coast. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out
is there be the tom in sight for america's most valuable company and amazon's valuation is steep and a key business doesn't make money but is there reasons to be bullish on that guy? we're watching the price of oil as tensions rise in the middle east and the fire engulfs a rig off the l la coast. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and...